This is a subscriber-only article. Join Entrepreneur+ today for access

Learn More

Already have an account?

Sign in
Entrepreneur Plus - Short White
For Subscribers

How to Find the Best Local Lender for Your Business Interested in working with a community bank? Here are a few tips for finding the right one.

By Gwen Moran •

Opinions expressed by Entrepreneur contributors are their own.

Locate Your Local Lender
Susan Schreter, founder of TakeCommand.org

Interested in working with a community bank? Small-business finance expert Susan Schreter, founder of TakeCommand.org, a Seattle-based small-business funding and finance information website, offers a few tips for finding the right one.

Look for endorsement. "I give extra points to a bank if it's an SBA-backed lender. They often have a small-business focus, and that can have an impact on the approval process," Schreter says.

Editor's Pick

Related Topics

Financing SBA loans Community Banks Finance

Most Popular

See all
Side Hustle

Anyone Can Start a Passive Income Side Hustle For Easy Money — But Only If You Know These 5 Essential Tips First.

The rise of digital automation technology has made starting a passive income side hustle easier and more accessible than ever before.

By Ryan Barone
Side Hustle

He Launched His Creative Side Hustle Out of a Garage. Now It's Worth $225 Million.

Tom Humble, CXO and founder of E.C.D. Automotive Design, followed his passion for custom auto design into big business.

By Amanda Breen
Marketing

Don't Just Babble on LinkedIn — You Need to Carve Out Your Own Niche. Here's Why.

To ultimately unlock the full potential of your LinkedIn experience, you need to establish yourself as a thought leader in a specific niche. This is why (and how).

By Megan Thudium
Growing a Business

How an Executive Coach Can Help You Set Better Goals — And Transform Your Business

Ways to enhance your competitive advantage — and psychological wellbeing — with the assistance of a seasoned, results-focused professional.

By Nicholas Leighton
Business News

An Hermès Heir Wants to Give Half His $12 Billion Fortune to His Gardener—and Lawyers Are Going Nuts

Nicolas Puech, the grandson of Hermès' founder, intends to legally adopt the 51-year-old former groundskeeper as his son, ensuring he inherits his billions.

By Jonathan Small
Business News

This Company Promised to Transform Drive-Thrus With AI — But the Secret Powering Its Tech? Humans.

Presto Automation Inc., one of several major players in AI-ordering tech, has made headlines for using off-site employees in places like the Phillippines.

By Entrepreneur Staff